This completely updated duplex is perfect for either the investor or buyer that wants all their taxes paid, utilities and mortgage subsidized. Each unit has it own garage, deck and finished basement. The current rent roll is $64,800 and the tenants pay all of their own utilities. One unit has a new lease and the other is month to month. Your monthly payments after factoring in the $2900 in rental income with 3.5% down (@ 3.25% rate) would be approximately $1600 (not including utilities) Why rent, when you can own for substantially less! Attention Investors, with 25% down (@ 3.50 rate) this is cash positive with an approximate monthly return of $1600.
Listing courtesy of Listing Agent: Steven Weiss (steven.weiss@redfin.com) from Listing Office: Redfin Real Estate.
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